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2019 (8) TMI 1798

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..... ish Kumar Gupta and Ors. [ 2018 (10) TMI 312 - SUPREME COURT ], the Resolution Applicant cannot file any application for exclusion of any period for the purpose of counting total period of 270 days for which it was open to the Committee of Creditors / Resolution Professional to file application for exclusion of time, for good ground and if the Resolution Plan is viable and feasible, Resolution Pla .....

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..... y Law Tribunal ), Hyderabad Bench, Hyderabad whereby at the instance of Committee of Creditors , an application preferred by Resolution Professional , order of liquidation was passed u/s 33(1)(a) and 34 of the Insolvency Bankruptcy Code, 2016 ( I B Code, for short). 2. Learned counsel appearing on behalf of the Appellant submits referring to 9th meeting of the Committee of Creditors (at .....

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..... s for the purpose of counting the period of 270 days. However, the Resolution Applicant having no right to file a Resolution Plan as held by Hon ble Supreme Court in Arcelormittal India Private Limited vs. Satish Kumar Gupta and Ors. (2018) SCC OnLine SC 1733 , the Resolution Applicant cannot file any application for exclusion of any period for the purpose of counting total period of 270 .....

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